If they cannot bear they fact to lose money, I will give them a promissory note at 8% so that if the deal becomes a loser, the loss is only on me and it won't harm the relationship with the friend or relative.

Hi Thomas - I know this post is a bit old, but I have a stack of real estate related books you're welcome to - Free.

Without the buyer there is no distribution of funds...Not sure how that relates to the fact that the seller pays the commission.

Houma is small in relation to New Orleans, we have a net population of around 209,000.

Short-term, I'm trying to find a strategy that will help me acquire multiple properties relatively quickly so they can start working for us asap!

Over the past year I have absorbed myself in everything I could find relating to RE investing, including J.

Oh, and some relatives in Hudson.I plan to expand my investing into Florida in the distant future myself.

The relative comps in the area are for 30 to 35k for a single family home.

Agree with most things you say, specifically as they relate to fighting unwinnable wars just so we can supply oil to Europe at the cost of our boys and girls.

I am still relatively new to investing, but I would look at a few things.